What is up with all the paperwork required by Lenders today, in order apply for a mortgage loan…you may ask? They seem to insist on multiple sources of validation for each line item on the loan application and want to know what seems to be absolutely everything about you! You may have ...
Continue ReadingThe Takeaway: Major financial and property analyst, CoreLogic predicts home values will appreciate by 5.0% over the next 12 months. Mortgage giant, Freddie Mac predicts interest rates to increase to 4.4% by next year. The Cost of Waiting to Buy is defined as the additional funds it would take to ...
Continue ReadingThe Takeaway: The most recently released Quarterly Home Price Index report by the Federal Housing Finance Agency (FHFA) indicates that homes prices have risen an average of 6.64% nationally, Year- over-Year. The results were compared both on a regional and state level. West Virginia & Alaska were the ...
Continue ReadingThe Takeaway: Interest rates are still at phenomenally low levels. Property Managers and Landlords have substantially raised their rents over the last 12 months and will likely continue to do so! The credit score requirements for mortgage approval continue to loosen. The surest way to protect yourself from rising ...
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